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12.0¢ kgl resources limited

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Giovanni33

1,893 Posts.

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19/04/24

03:40

Post #: 73416818
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Originally posted by Tipton: ↑

There is a detailed metallurgical report in. The feasibility study released in 2022.
the plant has been designed for 92 per cent metal recovery.
Another point the market has not picked up on is that they are looking to increase throughput from 1.6 MTPA to 2.0 MTPA.
What annoys me is that everyone knows additional equity will be require in the funding package and it would be better for all shareholders if this was done at closer to 20 cents or higher rather than 10 cents.
For this to occur they need investor relations emphasising the very steep discount to value that exists.
The board needs to wake up to the fact that brokers are lazy and have little idea of value unless an analyst explains it.
Lets hope they find a CEO who understands this.

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Thanks for pointing me in the right direction, appreciate your reply!

KGL Price at posting: 12.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 12.0¢		Change 0.010(9.09%)		Mkt cap ! $68.07M

Open	High	Low	Value	Volume
12.5¢	12.5¢	11.5¢	$1.268K	10.95K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	8862	1

View Market Depth

No.	Vol.	Price($)
1	50000	0.115
6	521460	0.110
5	269523	0.105
5	147329	0.100
2	33152	0.095

Price($)	Vol.	No.
0.120	8862	1
0.125	59267	2
0.130	50000	1
0.140	321848	4
0.150	20000	1

Last trade - 16.10pm 01/05/2024 (20 minute delay)


Last 12.0¢			Change 0.010 ( 7.62 %)
Open	High		Low	Volume
12.0¢	12.5¢		12.0¢	10776
Last updated 15.59pm 01/05/2024 ?

KGL (ASX) Chart

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